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Chelopech gold and copper mine Bulgaria

Briefing | 9 April, 2009 | Download PDF

Only four months after the Board of Directors at the European Bank for Reconstruction and Development (EBRD) had approved an increase to the original loan for the Canadian Dundee Precious Metals Development for its Chelopech gold and copper mine in Bulgaria, the Petitions Committee at the European Parliament deemed the situation at the mines tailings dam as alarming during the site visit on 29 October 2008. The questions to be asked are what is happening on the ground and on the basis of what information the EBRD decided to extend the financing for the Chelopech mine.

Bankwatch Mail 39

Bankwatch Mail | 1 April, 2009 | Download PDF

In this issue: Earth calling the IFIs – Take me to your added value * Countdown to Copenhagen finds the EU stuck in limbo * Wind frozen and trees cut in Latvian crisis measures * The penny starts to drop on PPPs * Oil, gas and the IFIs: Sketching some lines on the horizon * Landmark legal victory compels Ex-Im Bank and OPIC to get real on their fossil fuel lending * Transparency fever gripping the World Bank?

Quality review of the EIA for the Porto Romano thermal power plant

Study | 20 March, 2009 | Download PDF

This independent quality review of the Environmental Impact Assessment study highlights more than 25 shortcomings in the assessment, including the studys failure to: consider alternative energy scenarios to coal power; analyse properly the carbon dioxide emissions; assess the socio-economic impacts of the project and provide for management and monitoring plans. Based on this quality review as well as the opposition from the local communities the Municipality of Durres declared itself officially against the project in April 2009.

Comments to the Moynak Electricity Transmission Project

Policy comments | 17 March, 2009 | Download PDF

Letter to President Barroso on EU recovery plan

Advocacy letter | 13 March, 2009 | Download PDF